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BITCOIN CASH - BCH/BTC
BITCOIN CASH - BCH/BTC
- BTC (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BCHBTC
ISIN:

BITCOIN CASH - BCH/BTC - 1H - Technical analysis published on 07/10/2020 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.025501 BTC
My targets
0.026076 BTC (+1.05%)
0.026317 BTC (+1.99%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN CASH - BCH/BTC as long as the price remains well above 0.025501 BTC. The buyers” bullish objective is set at 0.026076 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.026317 BTC. If there is any crossing, the next objective would be the resistance located at 0.029923 BTC.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

BITCOIN CASH - BCH/BTC rating 0.025804 BTC. The price registered an increase of +0.09% on the session with the lowest point at 0.025483 BTC and the highest point at 0.026149 BTC. The deviation from the price is +1.26% for the low point and -1.32% for the high point.

0.025483
0.026149
0.025804

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BITCOIN CASH - BCH/BTC:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BITCOIN CASH - BCH/BTC chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.025009 0.025501 0.025756 0.025804 0.026076 0.026317 0.029923
Change (%) -3.08% -1.17% -0.19% - +1.05% +1.99% +15.96%
Change -0.000795 -0.000303 -0.000048 - +0.000272 +0.000513 +0.004119
Level Major Intermediate Minor - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0246710.0250130.0253970.0257390.0261230.0264650.026849
Camarilla0.0255820.0256490.0257150.0257820.0258490.0259150.025982
Woodie0.0246930.0250240.0254190.0257500.0261450.0264760.026871
Fibonacci0.0250130.0252900.0254610.0257390.0260160.0261870.026465


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0231390.0234820.0240710.0244140.0250030.0253460.025935
Camarilla0.0244040.0244890.0245750.0246600.0247450.0248310.024916
Woodie0.0232620.0235440.0241940.0244760.0251260.0254080.026058
Fibonacci0.0234820.0238380.0240580.0244140.0247700.0249900.025346


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0217350.0242650.0249820.0275120.0282290.0307590.031476
Camarilla0.0248070.0251050.0254020.0257000.0259980.0262950.026593
Woodie0.0208300.0238120.0240770.0270590.0273240.0303060.030571
Fibonacci0.0242650.0255050.0262710.0275120.0287520.0295180.030759

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 55.10
MACD (12,26,9): 0.0000
Directional Movement: 4.366663
AROON (14): 7.142852
DEMA (21): 0.025764
Parabolic SAR (0,02-0,02-0,2): 0.025480
Elder Ray (13): 0.000063
Super Trend (3,10): 0.025446
Zig ZAG (10): 0.025856
VORTEX (21): 1.0265
Stochastique (14,3,5): 56.66
TEMA (21): 0.025784
Williams %R (14): -53.75
Chande Momentum Oscillator (20): 0.000051
Repulse (5,40,3): 0.6994
ROCnROLL: 1
TRIX (15,9): -0.0095
Courbe Coppock: 0.81
MA7: 0.025839
MA20: 0.025044
MA50: 0.025357
MA100: 0.027702
MAexp7: 0.025767
MAexp20: 0.025759
MAexp50: 0.025746
MAexp100: 0.025600
Price / MA7: -0.14%
Price / MA20: +3.03%
Price / MA50: +1.76%
Price / MA100: -6.85%
Price / MAexp7: +0.15%
Price / MAexp20: +0.18%
Price / MAexp50: +0.23%
Price / MAexp100: +0.80%

Quotes : 2020-07-10 11:44:12 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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